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PIA to acquire three A-330s from Sri Lanka

02:31 PM | 29 Jul, 2016
PIA to acquire three A-330s from Sri Lanka
ISLAMABAD - Pakistan International Airlines (PIA) has formalized a wet lease for three A-330 aircraft from Sri Lankan Airlines, a fleet addition which was announced at a ceremony held in Colombo on Friday.

CEO, Bernd Hildenbrand signed the contract with Chairman of Sri Lankan Airlines, Ajith Dias and CEO Capt. Suren Ratwatte, said a press release received today.

The contract materialized after a series of negotiations between the two sides.

The first of the 3 aircraft would be delivered during the next week, and the rest in the following months.

The aircraft are in brand new condition and will be used for PIA Premier, which aims to give passengers a better experience in a bid to regain market share for PIA.

PIA Premier is scheduled for launch on August 14, initially only to London.

There will be six weekly Premier service flights to London, including three from Islamabad and three from Lahore. Later, with the addition of more aircraft, the service will be expanded to other destinations.

Chairman, Azam Saigol appreciated the efforts of the PIA team led by Hildenbrand in finalizing the contract for the three additional planes.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94

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